Income tax expense = 25% × $400,000 = $100,000. the loss on discontinued operations is shown net of tax below income tax expense. kandy kane corporation has income before taxes of $400,000 and a loss from discontinued operations pretax of $100,000. if the income tax rate is 25% on all items, the income statement should show income tax expense of:

Which p shifts to consumer in the four cs of the alternate marketing mix? a) promotion b) product c) place d) price

Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?

Which of the following would cause a shift to the right of the supply curve for gasoline? i. a large increase in the price of public transportation. ii. a large decrease in the price of automobiles. iii. a large reduction in the costs of producing gasoline